Bitcoin casinos refer to online gambling platforms that accept cryptocurrency as a payment option. Usually, gambling at Bitcoin casino sites comes with more benefits than playing on traditional online platforms. Here are the advantages of gambling at a BTC casino gambling site;
- They offer instant transfers because there are no central bodies to review blockchain transactions
- Bitcoin casinos provide low deposit and withdrawal fees since you don’t pay for blockchain services – you only pay a miners fee which is usually 1USD
- Bitcoin payments are widely accepted
- A crypto casino online will offer you a higher level of anonymity since you don’t have to share your details when transacting with Bitcoin
- Bitcoin platforms are decentralized, allowing you to manage your payments
What are Crypto Casino Bonuses?
Besides the usual Bitcoin gambling online winnings, a crypto casino allows you to earn extra money known as casino bonuses. However, not all bonuses offer the same opportunities in terms of terms and conditions; some are superior to others.
The Most Popular Crypto Casino Bonus Offers
According to cryptocasinos360 author’s option, a welcome bonus is one of the most popular promotions among BTC casino online players. A welcome casino bonus comes in many forms and is usually a marketing strategy to attract new gamblers to a gaming site. With that in mind, here are the most popular rewards you can leverage while enjoying gambling at the Bitcoin casino website of your choice;
1. No Deposit Bonus
A crypto casino no deposit bonus allows you to play casino games and win real money without having to risk your money. In this case, a crypto gambling site may require you to use its crypto casino no deposit bonus codes to access its promotion. On the other hand, some crypto gambling platforms will give the bonus automatically without the use of promo codes.
The rewards come with specific terms and conditions depending on the casino you are wagering on. For instance, a no deposit crypto casino bonus may come with a wagering requirement (playthrough requirement) of 40 times. This means you have to risk the bonus 40 times to make the winnings eligible for withdrawal. Therefore, it is important to evaluate different Bitcoin casinos online to select a platform offering a no deposit bonus with lower wagering requirements.
2. First Deposit Bonus
A first deposit bonus refers to the amount of money you receive after making an initial payment in a Bitcoin casino online account. Usually, players receive this promotion after signing up at a casino and making a minimum deposit. The package comes in the form of a match-up where a gaming platform gives you an offer equivalent to what you deposit.
Note that the offer has a percentage limit in most Bitcoin casino sites. For example, you may be required to deposit a minimum of $10 to claim a 100% match-up bonus. This means you will have $20 worth of wagering funds to gamble with.
A cashback bonus refers to the amount of money a casino returns at the end of a specific gambling period. It is one of the favorite promotions among casino players since it gives them a sense of safety. Usually, most Bitcoin casinos will offer cashback bonuses to both new and existing players.
The promotion usually ranges from 10% to 20% and has a maximum limit of what players can claim back. Note that some platforms will give it as a total bet amount placed in a certain period while others will use it to cover the lost bets. The most common types of cashback promotions available in the industry include;
- A welcome cashback bonus
- Weekly cashback offers
- Monthly cashback promotions
- VIP cashback promotions
4. Reload Bonus
In most cases, a reload is given to existing players to build up their loyalty and entice them to keep depositing at a specific casino. Some sites also provide reload bonuses to new players as an initial deposit bonus. This means you have to keep depositing more money to activate the bonus.
These promotions vary from one platform to the other and usually come in the form of a deposited percentage or a specified amount. This bonus also requires you to meet its terms and conditions, including wagering requirements.
5. Free Spins
Free spins bonuses may come as an addition to a welcome bonus or as a standalone promotion. In most cases, a crypto casino platform will offer this bonus to be used on a predetermined number of free spins and to be applied in specified slot titles. In addition, a casino may decide to offer free spins as birthday gifts to new players. The promotion also comes with specific wagering requirements, which is why it is advisable to compare different casinos to determine which one suits you best.
Here are the types of free spin bonuses to expect in the gambling industry today;
- Deposit free spins bonuses
- No deposit free spins bonuses
- VIP free spin bonuses
More and more casinos in the gambling space are accepting Bitcoin as a banking method due to its numerous advantages. For that reason, more players are flocking to these BTC casino sites to have a piece of the virtual currency while leveraging lucrative bonuses and promotions. Even better, the best Bitcoin casino will provide a dedicated section of Bitcoin games in its lobby to offer players higher gambling satisfaction. This way, you have an option of choosing between traditional casino games or Bitcoin variants from these platforms.